15,000 Shares in Hawkins, Inc. (NASDAQ:HWKN) Acquired by Montanaro Asset Management Ltd

Montanaro Asset Management Ltd bought a new stake in shares of Hawkins, Inc. (NASDAQ:HWKN) during the 4th quarter, Holdings Channel reports. The firm bought 15,000 shares of the specialty chemicals company’s stock, valued at approximately $1,840,000.

Several other hedge funds have also recently added to or reduced their stakes in HWKN. New York State Teachers Retirement System increased its stake in shares of Hawkins by 0.7% during the fourth quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company’s stock valued at $1,659,000 after acquiring an additional 100 shares during the period. Values First Advisors Inc. boosted its stake in Hawkins by 1.4% during the 4th quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company’s stock valued at $1,479,000 after purchasing an additional 170 shares in the last quarter. Ellsworth Advisors LLC increased its position in shares of Hawkins by 2.5% during the 4th quarter. Ellsworth Advisors LLC now owns 7,747 shares of the specialty chemicals company’s stock valued at $950,000 after purchasing an additional 187 shares during the period. Anchor Capital Advisors LLC raised its stake in shares of Hawkins by 1.5% in the 4th quarter. Anchor Capital Advisors LLC now owns 14,602 shares of the specialty chemicals company’s stock worth $1,791,000 after buying an additional 214 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Hawkins by 155.4% in the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock worth $44,000 after buying an additional 216 shares in the last quarter. Institutional investors own 69.71% of the company’s stock.

Hawkins Stock Performance

Shares of HWKN opened at $106.65 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.50 and a quick ratio of 1.53. The firm’s 50 day moving average is $109.18 and its 200-day moving average is $118.82. Hawkins, Inc. has a 12-month low of $71.98 and a 12-month high of $139.55. The stock has a market capitalization of $2.23 billion, a P/E ratio of 27.21, a P/E/G ratio of 3.80 and a beta of 0.77.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a return on equity of 18.95% and a net margin of 8.60%. Equities research analysts anticipate that Hawkins, Inc. will post 4 EPS for the current fiscal year.

Hawkins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Friday, February 14th. Hawkins’s dividend payout ratio (DPR) is presently 18.37%.

Wall Street Analysts Forecast Growth

Separately, BWS Financial reaffirmed a “neutral” rating and set a $122.00 target price on shares of Hawkins in a report on Friday, January 31st.

About Hawkins

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.